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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Joshua Corbin who wrote (36817)12/19/2000 10:25:17 PM
From: Mike Buckley  Read Replies (1) of 54805
 
Joshua,

So I'm up 8.48% going into the second inning.

Sure, based on an incorrect premise. You originally questioned why the Gardners promoted the viability of the Foolish 4, thinking that taxes and commissions would invalidate the method. The premise they used (which is the same one you should use to understand the impact of taxes and commissions as they did) is that the Foolish 4 had historically outperformed the market over long periods of time. Your scenario assumed that the Foolish 4 and the market performed equally.

My point was the use of short-term performance over statistically insignificant time periods.

Would you prefer that they don't state the performance of their portfolios? My guess is that you would be clamoring to know how those portfolios were doing and that you'd be criticizing the Fool for not reporting them. And for that matter, you're taking their info out of context. You're not reporting to this thread about their underperforming portfolios and that they report on them the same way.

I like The Motley Fool. The good outweighs the bad. Still, they were sending mixed signals.

But you weren't sending mixed signals. Until I challenged you, the only signal you were sending was negative. I see the same thing written in the media about this very forum. Is either really necessary? Is either really productive? All I'm asking for is a balanced, upfront review of a person's or an organization's performance if you're going to choose to be so publicly vocal about it.

--Mike Buckley
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